3141 Kensington Rd, Cleveland Heights, OH 44118

3141 Kensington Rd, Cleveland Heights, OH 44118

5 beds 3 baths 2,855 Sqft

Overview Neighborhood Amenities Price details

$312,000 $109/sf

5 days on Market

$312,000

$109.28/sf

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Description:

Active - Multi Family for sale

Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease. Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one. Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant. At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.

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Beycome ID: 17086575

Listing Agent:

- MLS Number: 5196748

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Status: Active

Listed Date: 03/24/2026

Days On Market: 5

Lot Size (Acres): 0.1

Lot Size (Square Feet): 4356

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Structure:

Year Built: 1922

Tax:

Parcel Number: 686-14-034

Score:

-cleveland heights-for-sale-3141 kensington rd, cleveland heights, oh 44118-17086575

Mortgage All cash

Monthly expenses $2,629

Property Tax $633

HOA Fee $0

Homeowners Insurance $83

Due at Close $307,320

List price $312,000

Closing costs $4,680

beycome Credit Est. $0

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Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
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